JAHB(SH:603822)2021-04-29 16:00Financial Performance - Operating revenue for the period was CNY 318,726,377.14, representing a growth of 32.53% year-on-year[6]. - Net profit attributable to shareholders of the listed company was CNY 20,462,991.44, a significant increase of 196.61% compared to the same period last year[6]. - Basic earnings per share rose to CNY 0.2862, reflecting a growth of 197.51% year-on-year[6]. - The company reported a significant increase in net profit, driven by improved operational efficiency and revenue growth strategies[6]. - Operating profit for Q1 2021 was ¥23,331,437.17, significantly up from ¥4,175,861.69 in Q1 2020, reflecting a growth of 469.5%[25]. - Net profit attributable to shareholders of the parent company for Q1 2021 was ¥20,997,058.17, compared to ¥7,055,976.17 in Q1 2020, marking an increase of 197.5%[25]. - The net profit for Q1 2021 was ¥24,788,721.63, compared to a net loss of ¥9,303,739.83 in Q1 2020, indicating a significant turnaround[28]. - Total comprehensive income for Q1 2021 was ¥24,788,721.63, compared to a total comprehensive loss of ¥9,303,739.83 in Q1 2020[28]. Assets and Liabilities - Total assets at the end of the reporting period reached CNY 2,050,027,764.72, an increase of 0.75% compared to the end of the previous year[6]. - The total assets of the company as of March 31, 2021, were CNY 2,050,027,764.72, compared to CNY 2,034,707,033.21 at the end of the previous year[17]. - The company’s total liabilities amounted to CNY 1,171,263,840.43, slightly down from CNY 1,169,950,392.36 at the end of the previous year[18]. - Total liabilities as of March 31, 2021, were ¥895,616,337.36, compared to ¥861,804,942.59 at the end of 2020, indicating a rise of 3.9%[22]. - The company’s total liabilities were reported at ¥1,169,950,392.36 as of Q1 2021, consistent with the previous year, suggesting no significant changes in debt levels[36]. Cash Flow - The net cash flow from operating activities improved to CNY -10,442,399.71, showing an 84.25% increase compared to the previous year[6]. - The company reported a cash flow from operating activities of -CNY 10,442,399.71, an improvement of 84.25% compared to -CNY 66,315,588.00 in the previous year[14]. - The net cash flow from operating activities for Q1 2021 was -¥10,442,399.71, an improvement from -¥66,315,588.00 in Q1 2020[31]. - The company received cash from operating activities totaling ¥301,615,862.07 in Q1 2021, compared to ¥248,882,668.49 in Q1 2020[31]. - Cash outflow from financing activities in Q1 2021 was -¥21,661,430.51, a decrease from a net inflow of ¥128,970,341.41 in Q1 2020[31]. - The company experienced a net cash outflow from investing activities of ¥54,062,909.84 in Q1 2021, compared to a net outflow of ¥9,075,587.81 in Q1 2020, reflecting an increase in investment expenditures[33]. Shareholder Information - The total number of shareholders reached 9,026 at the end of the reporting period[10]. - The largest shareholder, Tongxiang Shunchang Investment Co., Ltd., held 22.77% of the shares, totaling 16,700,000 shares[11]. Research and Development - Research and development expenses increased by 35.88% to CNY 12,574,817.18, reflecting increased investment in R&D projects[13]. - The company reported a significant increase in research and development expenses, which rose to ¥12,574,817.18 in Q1 2021 from ¥9,254,325.25 in Q1 2020, reflecting a growth of 36.5%[24]. - Research and development expenses increased to ¥10,105,635.59 in Q1 2021 from ¥8,571,079.46 in Q1 2020, reflecting a focus on innovation[27]. Financial Standards and Practices - The company has adopted new leasing standards starting in 2021, which may impact future financial reporting and cash flow management[37]. - The company has implemented a new leasing standard starting in 2021, affecting financial reporting[42].